Low yields continue to set new bench marks especially as they are for older buildings.
Barfoot & Thompson successfully sold the three following examples:
112 Queen St City 742 M2 net rent $69,4713 p.a nett. multi-tenancies sold $11.38M (6.1%)
555-563 Dominion Rd Balmoral 671M2 Multi Tenancies. Rent $89,732 p.a Sold $1.930M (4.65%)
28 Bairds Rd Otara. Several tenants. Development site Sold $7Million (6.06%)